living trust

noun

Definition of living trust 

: a trust that becomes effective during the lifetime of the settlor

called also inter vivos trust

Examples of living trust in a Sentence

Recent Examples on the Web

LegalZoom sells a $269 living trust package that includes a 30-day free trial of its subscription advice service. Liz Weston, OregonLive.com, "Liz Weston: Options exist for increasing your credit line," 4 Feb. 2018 There's no specific dollar amount of assets for which a living trust becomes a good idea. Andrew Theen, OregonLive.com, "Portland weather forecast: Sunny Sunday before rain returns," 14 Jan. 2018 Revocable living trusts also don't get special estate tax treatment. Liz Weston, OregonLive.com, "Liz Weston: Take your credit score from good to great," 21 Jan. 2018 Revocable living trusts are designed to eliminate the potential costs and delays of probate, not of the estate tax system. Liz Weston, OregonLive.com, "Liz Weston: Take your credit score from good to great," 21 Jan. 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'living trust.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of living trust

1913, in the meaning defined above

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Statistics for living trust

Last Updated

30 Sep 2018

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Time Traveler for living trust

The first known use of living trust was in 1913

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More Definitions for living trust

living trust

Legal Definition of living trust 

see trust

More from Merriam-Webster on living trust

See words that rhyme with living trust

Britannica.com: Encyclopedia article about living trust

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